ABN AMRO (India) has had a long-standing presence in India, having been in Kolkata and Mumbai since 1920. Traditionally known as a “diamond-financing bank”, it has transformed itself from a bank focusing on the corporate business segment into a bank providing a comprehensive range of services across multiple channels. After the merger of ABN and AMRO worldwide, the bank started expanding in a big way in India, 991 onwards. The Delhi branch was set up in the very same year and ABN AMRO was launched in other Indian cities between 1994 and 1999. Anticipating the emergence of retail banking in India, the bank acquired the retail business of the Bank of America in 1999. Currently ABN AMRO has 16 branches across 11 cities. The Bank had a total income of US$ 248.1 million in 2003-04 and employed about 1,400 people.

ABN AMRO Bank has a strong focus on the consumer and commercial clients business in India and it currently offers a wide range of assets (auto loans, personal loans, loans against securities), liability (current, savings accounts and term deposits) and investment products (mutual funds) to its customers.

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